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Earnings & Revenue

Pennsylvania Gaming

article How much tax money did Pa. get from fantasy sports games in their first year? (5/24/2019)
(Pennsylvania) -- The most significant data released by the Pennsylvania Gaming Control Board in May features totals from the first full year of the state’s...
article More than US$3.3m in tax revenue from DFS in Pennsylvania (5/21/2019)
(Pennsylvania) -- The Pennsylvania Gaming Control Board (PGCB) has reported the monthly fantasy sports (DFS) revenue report, which includes totals from the first full...
article April Numbers Show Parx Casino Leads Pennsylvania Sports Betting In Revenue (5/19/2019)
(Pennsylvania) -- With another month of PA sports betting on the books, a new casino has taken the lead in terms of revenue. Parx Casino, which trailed SugarHouse in...
article Lower Results Than Expected Reported for Pennsylvania Slots, Tables and Sportsbook in April (5/19/2019)
(Pennsylvania) -- April was not a particularly stellar month for Pennsylvania casinos that reported lower than desired gaming revenue. March had reached a new record, so...
article Opinion: Online gambling leaving lottery profits at risk (5/19/2019)
(Pennsylvania) -- To varying degrees, lotteries impact the budgets of America’s states. Even if lottery profits are directed primarily toward funding specific...
article Pennsylvania’s Sports Betting Revenue Swoons In April, But Mobile Is Coming … Really Soon? (5/16/2019)
(Pennsylvania) -- With state-wide mobile sports betting yet to launch, the Pennsylvania Gaming Control Board on Thursday released its April sports betting numbers, and...
6 Total Articles on this Issue

Atlantic City Gaming

article Atlantic City Casino Financials Paint A Mixed Picture (5/23/2019)
(Atlantic City) -- The Atlantic City casino industry’s revenues are growing significantly. But its gross profits are declining even more significantly.Those are...
article Atlantic City casino profits plunge 30% with two more mouths to feed (5/23/2019)
(Atlantic City) -- Atlantic City casino profits continued to shrink in the first quarter of 2019 as the combination of new casino competition and sports betting...
article Competition takes its toll on Atlantic City casinos (5/23/2019)
(Atlantic City) -- More casinos have meant less profit in Atlantic City since two gambling halls reopened last summer. Figures released Wednesday by the New Jersey...
article Atlantic City casino earnings way down amid more competition (5/22/2019)
(Atlantic City) -- More casinos have meant less profit in Atlantic City since two gambling halls reopened last summer. Figures released Wednesday by the New Jersey...
article Atlantic City casinos report 11th straight month of revenue growth (5/18/2019)
(Atlantic City) -- The casino industry continued its winning streak in April, reporting a 16.9% increase in total gaming revenue. The increase in gaming revenue is the...
article Atlantic City Casino Industry Continues To Rebound; Is Sports Betting Playing A Role? (5/15/2019)
(Atlantic City) -- It’s no secret that online gambling and sports betting (81% over the internet) in New Jersey are thriving, but what about the brick-and-mortar...
6 Total Articles on this Issue

Cherokee Nation

article Cherokee Nation disburses $476,000 to northeast Oklahoma fire departments (5/23/2019)
(Oklahoma) -- Cherokee Nation officials disbursed nearly half a million dollars to 136 rural Oklahoma fire departments on May 13 during the tribe’s annual...
1 Article on this Issue

China Gaming

article China’s lottery sales suffer second month of double-digit declines (5/23/2019)
(China) -- China’s state-run lottery operations reported their third straight month of falling sales as the country’s new rules on so-called ‘high-...
1 Article on this Issue

Connecticut Gaming

article Connecticut tribal casinos report decrease in slot revenue (5/23/2019)
(Connecticut) -- Both Mohegan Sun and Foxwoods have recorded a 12% decrease in slot revenue in April. This makes it the tenth consecutive month in decline for the two...
article Slot Revenue Decreases in Connecticut Tribal Casinos (5/22/2019)
(Connecticut) -- The slot revenue of two Connecticut tribal casinos has decreased by 12% in April 2019. Both Mohegan and Foxwoods have posted year-over-year decrease in...
article Connecticut casinos post decrease in slot revenue (5/21/2019)
(Connecticut) -- The two tribal casinos in Connecticut have experienced underwhelming financial results in April. The casinos reported on Wednesday that their slot...
3 Total Articles on this Issue

Sports Betting

article ESPN and Fox Sports unveil contrasting strategies as they target the sports gambling market (5/23/2019)
(USA) -- Over a five-day stretch this month, ESPN and Fox Sports took their biggest steps in the sports gambling space, potentially jump-starting a market that the...
article ESPN boss says it’s ‘all hands on deck’ to find younger audience (5/23/2019)
(USA) -- ESPN President Jimmy Pitaro says the sports network is "all hands on deck" to attract more women and younger viewers, a crusade that includes a new...
2 Total Articles on this Issue

Sports Leagues

article Jay Monahan says new PGA Tour gambling developments are coming in 2019 (5/23/2019)
(USA) -- PGA Tour commissioner Jay Monahan understands what’s at stake for golf with the legalization of sports gambling. He’s embraced the recent...
1 Article on this Issue

Delaware Gaming

article Sports betting in Delaware goes down in April (5/21/2019)
(Delaware) -- The sports betting segment continues to thrive in the US ever since the Supreme Court struck PASPA down. However, Delaware posted a revenue drop in April...
1 Article on this Issue

International Game Technology

article IGT touts lottery business, but earnings per share, revenue miss Street forecasts (5/21/2019)
(Las Vegas) -- International Game Technology said it shipped more games globally, increased lottery performance in several markets and posted first quarter net income,...
article Slot machine maker IGT reports strong first quarter (5/20/2019)
(Las Vegas) -- Gaming equipment manufacturer IGT swung to profitability in its first quarter despite a decline in revenue, the company reported Monday.
2 Total Articles on this Issue

Louisiana Gaming

article Baton Rouge casino winnings down, with big drop at Belle in April (5/21/2019)
(Louisiana) -- Despite an uptick in business at two of the city’s three riverboat casinos, Baton Rouge continued to report year-to-year declines in overall...
article New Orleans casinos, state gambling halls see winnings plunge in April (5/21/2019)
(Louisiana) -- Winnings by gambling operations in New Orleans were down 5.2% in April from $51.1 million to $48.4 million, as all of the state’s casino markets...
2 Total Articles on this Issue

Fantasy Sports

article Louisiana Lawmakers Ignore Voters on Fantasy Sports (5/20/2019)
(Louisiana) -- Technically, your Fantasy Football habit is STILL illegal in Louisiana. Even though 47 Parishes across the state voted to legalize Fantasy Sports, the...
article PA nets $3.4m in taxes from first year of fantasy regulation (5/19/2019)
(Pennsylvania) -- The Pennsylvania Gaming Control Board (PGCB) has revealed that the state has generated tax revenue of $3.4m (£2.7m/€3.0m) from its first...
2 Total Articles on this Issue

New Jersey Gaming

article CRUDEL: Placing my bets on the New Jersey sports gambling craze (5/19/2019)
(New Jersey) -- Dear John: Legal betting isn’t so good for any serious gambler who mostly wins. I did approximately 1,500 college basketball bets this winter/...
article New Jersey Saw $2.64 Billion in Sports Betting in 1st Year After Legalization (5/16/2019)
(New Jersey) -- Legalizing sports betting has been a massive revenue generator for the state of New Jersey. The Associated Press' Wayne Parry reported bettors placed...
2 Total Articles on this Issue

MGM Springfield

article MGM Springfield GGR Plummets 15 Percent in April, Casino Nearly $100M Short of Expectations (5/17/2019)
(Massachusetts) -- Massachusetts’ MGM Springfield reported a month-to-month 15 percent gross gaming revenue (GGR) decline for April, but company officials aren...
article Springfield Casino’s Monthly Revenue Off 15 Percent from March (5/16/2019)
(Massachusetts) -- MGM Springfield counted revenues of $21.82 million in April, a 15 percent decline from the roughly eight-month-old casino’s best revenue month...
article Gaming revenue down at MGM for month of April (5/15/2019)
(Massachusetts) -- Revenue went down at MGM Springfield in the month of April, compared to the month before. Numbers released Saturday by the Massachusetts Gaming...
article MGM Springfield's April gambling revenue dips 15 percent (5/15/2019)
(Massachusetts) -- MGM Springfield reported $21.8 million in gross gambling revenue in April, the $1 billion casino’s ninth month of operation. That’s a 15...
4 Total Articles on this Issue

Mississippi Gaming

article Mississippi sports betting revenue plummets in April (5/17/2019)
(Mississippi) -- Mississippi has seen revenue from its legal sports market plummet in April, with basketball remaining the most popular sport for wagering. Amounts...
1 Article on this Issue

PASPA Decision

article US Sports Betting: Where It Stands One Year After The Federal Ban Fell (5/17/2019)
(USA) -- I was one of several hundred people sitting in the US Supreme Court in December 2017, watching oral arguments in Murphy vs. NCAA, the case about the US sports...
1 Article on this Issue

Macau Gaming

article May revenue predictions for Macau are all over the map (5/16/2019)
(Macau) -- We’re already halfway into May, but the final picture of how Macau’s gaming revenue will shape up still isn’t very clear. Some analysts...
1 Article on this Issue

Indiana Gaming

article Casino operators welcome changes in law, but most report a down April (5/15/2019)
(Indiana) -- Coming off a modest month in April, Northwest Indiana casino operators are gearing up for changes provided in a new bill, including the moving of one Gary...
1 Article on this Issue

N.J. Sports Betting

article iGaming helps Atlantic City casino market to record a successful April (5/15/2019)
(Atlantic City) -- The nine-casino market in Atlantic City reportedly had a very good April after chalking up a 23.8% rise year-on-year in aggregated gross gaming...
article After March Madness, New Jersey sports betting took a $59 million dip in April (5/14/2019)
(New Jersey) -- New Jersey’s online and retail sports betting declined 16 percent in April in the aftermath of college basketball’s March Madness. The state...
press release Baseball Helps New Jersey Sportsbooks to $313.7 Million April, According to PlayNJ.com (5/14/2019)
(New Jersey) -- The Final Four, the first full month of professional baseball, and the beginning of the NBA and NHL playoffs all helped push New Jersey online and retail...
article New Jersey’s online gambling market has second-best month (5/14/2019)
(New Jersey) -- New Jersey’s regulated online gambling market had its second-best month on record in April, despite the poker vertical continuing to wet-blanket...
article NJ Online Casino Old Guard Flourishes In April While Newcomers Struggle (5/14/2019)
(New Jersey) -- NJ online casinos followed up a blockbuster March with their second-biggest revenue haul ever last month, raking in $36.58 mm.
article Year after Supreme Court win, New Jersey sports bets thrive (5/14/2019)
(New Jersey) -- The anniversary of New Jersey's victory in a U.S. Supreme Court case clearing the way for legal sports betting across the nation was a happy one for...
6 Total Articles on this Issue

Ohio Gaming

article Lake County receives over $700K from casino tax revenue (5/14/2019)
(Ohio) -- A banner year for Ohio's four casinos and seven racinos in 2018 bodes well for the state's 88 counties and other recipients of casino tax revenue...
1 Article on this Issue

South Korea Gaming

article South Korea’s Kangwon Land casino shows signs of turnaround (5/14/2019)
(South Korea) -- South Korean casino operator Kangwon Land managed to boost its Q1 profit despite falling sales, which analysts are taking as a sign the venue may...
1 Article on this Issue

Foxwoods

article Foxwoods reports quarterly revenue decline (5/13/2019)
(Connecticut) -- Foxwoods Resort Casino’s net revenue fell 6.9 percent in the quarter that ended March 31, a similar result to that reported last week by Mohegan...
1 Article on this Issue

New York Gaming

article $37.54M loss for Resorts World Catskills casino owner in first quarter of 2019 (5/13/2019)
(New York) -- Empire Resorts, parent company of Resorts World Catskills casino, recorded a first-quarter 2019 loss of $37.54 million on revenue of $57.6 million and...
1 Article on this Issue

Mobile Gaming

article Sports Betting Comes To More and More States — And Mobile Is Key (5/12/2019)
(USA) -- In a show of how Americans are increasingly able to bet legally on sports, a big Heartland state became the second this year and the 10th overall to legalize...
1 Article on this Issue

Mohegan Sun

article Mohegan Gaming says quarterly revenue decline in line with expectations (5/12/2019)
(Connecticut) -- Mohegan Sun’s net revenue declined by 7.4 percent in the quarter that ended March 31, the casino’s parent company, Mohegan Gaming &...
1 Article on this Issue

Alabama Gaming

article Maybe Alabama should be free to gamble, but don't expect a jackpot for the state (5/11/2019)
(Alabama) -- The gambling debate in Alabama always falls along two paths that never meet, despite the arguments being hurled from one path to another. The first path is...
1 Article on this Issue

Other News

article Gaming equipment manufacturer PlayAGS reports decline in net loss (5/11/2019)
(Las Vegas) -- Las Vegas-based gaming equipment manufacturer PlayAGS reported strong first quarter results, with revenue up 12.6 percent and net loss down 99 percent....
article Golden Entertainment posts quarterly loss; Strat project on schedule and on budget (5/10/2019)
(Las Vegas) -- Golden Entertainment played up progress during its first-quarter earnings statement Thursday, saying renovations at the Strat in Las Vegas and integration...
press release Coyote Valley Tribe Guarantees All Employees Earn A Minimum Of $15 Per Hour (5/7/2019)
(California) -- Today the Coyote Valley Tribe in Redwood Valley, CA announced, all current and future employees of their business operations will earn a minimum of $15...
article Eldorado Resorts Q1 revenue falls; CEO vague on M & A (5/3/2019)
(Nevada) -- Eldorado Resorts Q1 net revenue fell 4% year-on-year to $627.8m. The US casino operator did, however, post a 43% rise in operating income to $123.7m, while...
article Bernstein lowers GGR growth estimates for April (4/16/2019)
(Asia) -- Analysts at Bernstein have lowered their gross gaming revenue estimates for the month of April, due to materially worse than expected month-to-date revenue.
article Denmark Gross Gaming Revenue Up 5.7 Percent To $1.46 Billion (4/12/2019)
(Denmark) -- The Danish Gambling Authority (Spillemyndigheden) posted that the gross gaming revenue in Denmark is up 5.7% year on year to DKK 9.74bn ($1.46 billion) in...
article Letters: Hogan missed revenue requirement; traffic congestion and more from readers (4/5/2019)
(Maryland) -- Gov. Larry Hogan has failed to abide by a major provision of the Constitutional Amendment approved overwhelmingly by the voters in November 2018. This...
article AP: Most states’ sports betting revenue misses estimates (4/3/2019)
(Rhode Island) -- When the Patriots won the Super Bowl again — and covered the spread, too — all of New England was delirious, with the possible exception of...
article Sports Betting Revenue Not Delivering Forecasted Tax Benefit, Four States Say Sportsbooks Underperforming (4/3/2019)
(USA) -- Legalized sports betting is now operational in eight states, but officials in four of the markets where the liberalized gambling began last year say revenues...
article OPAP reports revenue increase in 2018 (4/2/2019)
(Greece) -- The Greek gambling monopoly, OPAP, has reported a good financial performance in 2018, led by video lottery terminals (VLTs) and KINO lottery game.
article GAN "Exceptional" Revenue Growth Driven By New Jersey Gambling (4/1/2019)
(UK) -- Internet gambling software developer GAN PLC said the company was operating at record levels in the first quarter of 2019 due to internet sports betting in New...
article Galaxy Gaming up 26% (4/1/2019)
(Las Vegas) -- Galaxy Gaming revenues increased by 26 per cent in its final quarter of 2018 giving it a full-year return of 25 per cent to US$18.5m and adjusted EBITDA...
article Imperial Pacific loses $378m in 2018 on VIP gaming slump (3/27/2019)
(Saipan) -- Saipan casino operator Imperial Pacific International (IPI) reported a net loss of nearly $378m in 2018 on falling revenue and uncollectable VIP gambling...
article Debate over hold percentages between slot makers and casinos not going away (3/24/2019)
(Las Vegas) -- It doesn’t sound like the tension between slot machine manufacturers and casinos over hold percentages is ending soon. That was a takeaway from an...
article Italy’s sports betting rebounds in February while poker tanks (3/7/2019)
(Italy) -- Italy-sports-betting-revenueItaly’s sports bettors wagered over €1b in February as the market rebounded strongly from its January dip. According to...
article Huge Increase in February Revenue for Paradise Co (3/7/2019)
(South Korea) -- Paradise Co, the South Korean operator, has announced that revenue for February have increased by 28.5% to KRW55.83 billion (US$49.6 million), compared...
article Eldorado Resorts revenue falls marginally to $2.83bn for 2018 (2/28/2019)
(Nevada) -- Eldorado Resorts’ total net revenue fell 1% to $2.83bn for 2018. Eldorado’s financial results for 2018 provided a mixture of positive and...
article Gamblers spent $49 million more in FY 2017/18 (2/27/2019)
(New Zealand) -- Gamblers in New Zealand spent $2.38 billion dollars on the four main forms of gambling in the 2017/18 financial year, $49 million (2 per cent) more than...
article Online gambling sector posts record growth in France (2/18/2019)
(France) -- The online gaming sector in France has maintained its solid growth trajectory as it posted record growth in the fourth quarter of 2018.
article Sports betting drives French igaming growth in 2018 (2/18/2019)
(France) -- France’s online gaming market reported year-on-year growth across all three legal verticals in 2018, with the sports betting vertical the standout...

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